Viking Therapeutics, Inc.

NasdaqCM:VKTX Stock Report

Market Cap: US$3.2b

Viking Therapeutics Future Growth

Future criteria checks 0/6

Viking Therapeutics is forecast to grow earnings and revenue by 29.4% and 69.6% per annum respectively. EPS is expected to grow by 31.4% per annum. Return on equity is forecast to be -111.9% in 3 years.

Key information

29.4%

Earnings growth rate

31.44%

EPS growth rate

Biotechs earnings growth24.9%
Revenue growth rate69.6%
Future return on equity-111.93%
Analyst coverage

Good

Last updated09 Jun 2026

Recent future growth updates

Recent updates

Seeking Alpha Jun 10

Viking Therapeutics: Drugs Are In The Pipeline, But Profitability Is Still Unproven

Summary Viking Therapeutics has no revenue and no product available to the public at this time. The company's valuation seems purely speculative to me at this time. Larger competitors have a head start on the obesity drug market, and Viking is simply trying to play catch-up. Even if approval is granted, there is no guarantee that Viking's drug will resonate with consumers. Read the full article on Seeking Alpha
New Narrative Mar 19

Obesity Pipeline And Phase III Milestones Will Transform This Cardiometabolic Pure Play

Catalysts About Viking Therapeutics Viking Therapeutics focuses on developing therapies for obesity and related cardiometabolic conditions, with VK2735 as its lead dual GLP-1 and GIP receptor agonist program in both injectable and oral forms. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 05

Obesity Pipeline Expansion And Late Stage Trials Will Support Long Term Bullish Thesis

Catalysts About Viking Therapeutics Viking Therapeutics is a clinical stage biopharmaceutical company focused on therapies for obesity and related metabolic disorders. What are the underlying business or industry changes driving this perspective?
Seeking Alpha Apr 15

Viking Therapeutics' VK2735 Candidate Likely Boosted By Pfizer's Woes

Summary 13-week data from the Viking Therapeutics, Inc. phase 2 VENTURE-Oral Dosing trial using oral VK2735 for the treatment of patients with obesity, expected 2nd half of 2025. Pfizer's recent setbacks in weight-loss drugs may prompt it to consider acquiring VKTX, adding VK2735 and VK2809 to its pipeline. VK2735's dual administration routes and dual GLP-1/GIP agonist mechanism position it as a strong contender in the growing $37.94 billion anti-obesity market. The global non-alcoholic steatohepatitis treatment market size is projected to reach $92.5 billion by 2034. Read the full article on Seeking Alpha
Seeking Alpha Feb 05

Viking Therapeutics: Why The Oral VK2735 Phase 2 Readout Could Send The Stock Soaring

Summary Oral VK2735 is strategically positioned to become a best-in-class oral GLP-1 therapy, with the Phase 2 trial data readout in H2 2025 serving as a critical catalyst. Phase 1 data for VK2735 represents the best efficacy and safety profile ever reported for an oral GLP-1 drug. The oral obesity market is projected to be the fastest-growing segment within the broader weight-loss market, driven by the superior convenience of oral formulations compared to injectable treatments. Similar read-outs, the option market and current valuation of VKTX of $3.64 Bn imply huge stock price upside to $52 upon positive trial data. Read the full article on Seeking Alpha
Analysis Article Dec 23

We're Interested To See How Viking Therapeutics (NASDAQ:VKTX) Uses Its Cash Hoard To Grow

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, Viking Therapeutics...
Seeking Alpha Dec 19

Viking Therapeutics: Holiday Gift

Summary Viking Therapeutics has seen a significant drop, losing 50% in value since late October, despite positive news and promising GLP-1 drug developments. The biotech's oral GLP-1 candidate VK2735 showed impressive weight loss results and tolerability, with potential advantages over current weekly injectable treatments. Concerns about manufacturing costs and scalability exist, but Viking's strong pipeline and market potential in obesity make it a compelling investment. Analysts remain bullish, with the average price target at $110, reflecting a substantial upside potential of 187% from current levels. Read the full article on Seeking Alpha
Seeking Alpha Dec 05

Viking Stock Pops, Then Drops On Latest Obesity/MASH Data: Why I'm Still Bullish

Summary Viking Therapeutics is a strong contender in the GLP-1 obesity drug market - candidate VK2735 has the potential to challenge Eli Lilly's Zepbound and Novo Nordisk's Wegovy. The latest data from the oral and subcu versions of Viking's drug are encouraging, albeit pivotal studies must still be arranged and negotiated successfully. If approved, VK2735 will need to show it has a best-in-class profile in terms of either durability, dosing regimen, side effect profile, price or mode of administration. Despite manufacturing concerns, Viking's potential for blockbuster revenues and competitive differentiation makes it an attractive M&A target for Big Pharma. I'm not changing my buy rating on Viking as its GLP candidate looks likely to be the next to join commercial markets, and if M&A does happen, I suspect Viking would command a price >$10bn. Read the full article on Seeking Alpha
Seeking Alpha Nov 04

Viking Therapeutics: Too Much Excitement Around Oral VK2735, Even If It Met High Expectations

Summary Viking Therapeutics' oral VK2735 reported strong weight loss and good safety and tolerability in the phase 1 trial, with the 100mg dose achieving 8.2% absolute weight loss in four weeks. These results put Viking at the front of the oral obesity field, but with a major caveat of rapid treatment landscape evolution. The sell news reaction is understandable given high investor excitement ahead of the data update, and the fact there are no meaningful catalysts until at least Q4 2025. While the stock may consolidate in the near-term, the long-term outlook has improved for Viking after new oral VK2735 data. Read the full article on Seeking Alpha
Seeking Alpha Oct 28

Viking Therapeutics: Lots Of Positives

Summary Viking Therapeutics' VK2735 drug shows promising weight-loss results, driving a stock rally and positive analyst sentiment due to its potential in a $40 billion market. The company plans to escalate VK2735 dosages and start Phase 2 trials, with Phase 3 trials for the injectable version and VK2809 NASH drug also in the pipeline. The stock has a market cap below $9 billion while larger competitors have seen stock valuations soar by multiples of these levels indicating the opportunity for Viking Therapeutics. Read the full article on Seeking Alpha
Seeking Alpha Sep 25

Viking Therapeutics: Market Rightly Excited By GLP-1 Promise -- A Buy Ahead Of Data

Summary Viking Therapeutics, Inc. stock has surged nearly 1,500% since 2023, driven by the promising GLP-1/GIP receptor agonist VK-2735 for obesity. VK-2735's Phase 2 data showed weight loss comparable to Novo Nordisk's Wegovy and Eli Lilly's Zepbound, pitching it to one day compete in a >$150bn market. Viking's strong financial position, upcoming Phase 3 trials, and potential oral formulation of VK-2735 justify upgrading the stock to a “Buy.”. The company's secondary NASH candidate, VK2809, provides a hedge against risks, adding to Viking's investment appeal. It should be noted that VK2735 data is immature and there are many more tests to come — upcoming data from a Phase 1 study of oral VK2735 is a potentially significant catalyst for upside. Read the full article on Seeking Alpha
Analysis Article Sep 07

Companies Like Viking Therapeutics (NASDAQ:VKTX) Can Afford To Invest In Growth

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Seeking Alpha Aug 30

Viking Therapeutics: GLP-1/GIP Receptor Agonist And Its Competitive Landscape

Summary Viking Therapeutics' VK2735, a dual GLP-1/GIP receptor agonist, shows promising results in Phase II trials for obesity treatment with potential for both subcutaneous and oral formulations. Despite competition from Eli Lilly and Novo Nordisk, VK2735's unique oral formulation could position Viking as a strong contender in the obesity drug market. VKTX's financial stability, with $942 million in cash and equivalents, supports its ongoing and future clinical trials, making it a viable long-term investment. I rate Viking Therapeutics as a "Buy" for high-risk tolerant investors, driven by VK2735's potential and additional upside from VK2809 and preclinical assets. Read the full article on Seeking Alpha
Seeking Alpha Jul 25

Viking Therapeutics: Better-Than-Expected Trial Timelines While Pipeline Expands

Summary Viking Therapeutics, Inc. provided a better-than-expected pipeline update when it reported second quarter earnings. Subcutaneous VK2735 will advance straight into a phase 3 trial, and this should speed up its potential market arrival by at least 18–24 months. Oral VK2735 has advanced to the 100mg cohort, with management making positive remarks about tolerability in the 60mg and 80mg dose cohorts. A novel amylin candidate was added to the pipeline with an IND submission expected in 2025. These updates strengthen both the standalone and M&A investment thesis on Viking Therapeutics. Read the full article on Seeking Alpha
Analysis Article Apr 26

We Think Viking Therapeutics (NASDAQ:VKTX) Can Easily Afford To Drive Business Growth

Just because a business does not make any money, does not mean that the stock will go down. By way of example, Viking...
Seeking Alpha Apr 02

Viking Therapeutics: Future Weight Loss Heavyweight?

Summary Viking Therapeutics' share price has rapidly increased from recent weight loss drug excitement. The company’s value seems to be derived from its weight loss and NASH/MASH candidates. VK2735, the weight loss candidate, presents a potentially massively large opportunity, despite the crowded market. VK2809, the NASH/MASH candidate, now offers an attractive opportunity as a recently launched drug provides proof-of-concept for the space. Read the full article on Seeking Alpha
Analysis Article Jan 09

We're Hopeful That Viking Therapeutics (NASDAQ:VKTX) Will Use Its Cash Wisely

Just because a business does not make any money, does not mean that the stock will go down. Indeed, Viking Therapeutics...
Analysis Article Sep 21

We're Not Very Worried About Viking Therapeutics' (NASDAQ:VKTX) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, Viking Therapeutics...
Analysis Article Jun 07

Viking Therapeutics (NASDAQ:VKTX) Is In A Good Position To Deliver On Growth Plans

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Mar 05

We're Not Very Worried About Viking Therapeutics' (NASDAQ:VKTX) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, Viking Therapeutics...

Earnings and Revenue Growth Forecasts

NasdaqCM:VKTX - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2028141-499-565-45816
12/31/2027N/A-587-520-50217
12/31/2026N/A-563-571-50917
3/31/2026N/A-472-340-340N/A
12/31/2025N/A-360-279-279N/A
9/30/2025N/A-237-225-225N/A
6/30/2025N/A-172-153-153N/A
3/31/2025N/A-128-134-134N/A
12/31/2024N/A-110-88-88N/A
9/30/2024N/A-99-74-74N/A
6/30/2024N/A-97-72-72N/A
3/31/2024N/A-94-55-55N/A
12/31/2023N/A-86-73-73N/A
9/30/2023N/A-81-67-67N/A
6/30/2023N/A-74-61-61N/A
3/31/2023N/A-72-63-63N/A
12/31/2022N/A-69-48-48N/A
9/30/2022N/A-62-50-50N/A
6/30/2022N/A-59-47-47N/A
3/31/2022N/A-57-47-47N/A
12/31/2021N/A-55-48-48N/A
9/30/2021N/A-54-41-41N/A
6/30/2021N/A-50-35-35N/A
3/31/2021N/A-44-28-28N/A
12/31/2020N/A-39-22-22N/A
9/30/2020N/A-36-28-28N/A
6/30/2020N/A-32-26-26N/A
3/31/2020N/A-31-26-26N/A
12/31/2019N/A-26N/A-25N/A
9/30/2019N/A-24N/A-16N/A
6/30/2019N/A-24N/A-18N/A
3/31/2019N/A-23N/A-17N/A
12/31/2018N/A-22N/A-19N/A
9/30/2018N/A-21N/A-20N/A
6/30/2018N/A-20N/A-18N/A
3/31/2018N/A-19N/A-17N/A
12/31/2017N/A-21N/A-15N/A
9/30/2017N/A-20N/A-13N/A
6/30/2017N/A-18N/A-13N/A
3/31/2017N/A-16N/A-12N/A
12/31/2016N/A-15N/A-11N/A
9/30/2016N/A-16N/A-12N/A
6/30/2016N/A-17N/A-13N/A
3/31/2016N/A-21N/A-11N/A
12/31/2015N/A-23N/A-9N/A
9/30/2015N/A-17N/A-6N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VKTX is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: VKTX is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: VKTX is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: VKTX is forecast to have no revenue next year.

High Growth Revenue: VKTX is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VKTX is forecast to be unprofitable in 3 years.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 21:54
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Viking Therapeutics, Inc. is covered by 32 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew LuchiniBMO Capital Markets Equity Research
Mayank MamtaniB. Riley Securities, Inc.
William WoodB. Riley Securities, Inc.